Forecast 2013

The following tables summarise the forecasts produced by analysts' who participated in the LBMA's 2013 Forecast Survey. Analysts were asked in early January 2013 to predict the average price during 2013 of gold, silver, platinum and palladium. The tables are split by metal. The tables are interactive. By clicking on the column heading you can see which analyst's forecast is closest to the average price for the year. Any tie and the range (difference between their predicted highs and lows) are taken into account. Roll your cursor over the balloon symbol to see the analyst's commentary. Click here to view the full 2013 Forecast

High

Low

Average

Range

 
YTD actual at $ $ $ $  
Average forecasts $1914 $1529 $1753 $385  
William Adams - Fastmarkets $2020 $1620 $1765 $400 More Information
Robin Bhar - Societe Generale $1800 $1400 $1700 $400 More Information
Daniel Brebner - Deutsche Bank $2000 $1525 $1860 $475 More Information
Suki Cooper - Barclays Capital $1900 $1540 $1778 $360 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd $1975 $1525 $1775 $450 More Information
René Hochreiter - Allan Hochreiter (Pty) Ltd $1720 $1480 $1600 $240 More Information
David Jollie - Mitsui & Co Precious Metals Inc $2000 $1520 $1785 $480 More Information
Tom Kendall - Credit Suisse Securities (Europe) Ltd $1885 $1545 $1740 $340 More Information
Philip Klapwijk - Thomson Reuters GMS $2002 $1642 $1847 $360 More Information
Mitul Kotecha - Credit Agricole $1830 $1500 $1650 $330 More Information
Bart Melek - TD Securities $2012 $1527 $1895 $485 More Information
Martin Murenbeeld - DundeeWealth Economics $2025 $1475 $1768 $550 More Information
Eddie Nagao - Sumitomo Corporation $1800 $1450 $1600 $350 More Information
Ross Norman - Sharps Pixley Ltd $1800 $1550 $1736 $250 More Information
Frederic Panizzutti - MKS (Switzerland) S.A. $1880 $1580 $1753 $300 More Information
Thorsten Proettel - LBBW $1850 $1620 $1745 $230 More Information
Jeffrey Rhodes - INTL Commodities $1925 $1525 $1727 $400 More Information
Rohit Savant - CPM Group $1850 $1450 $1658 $400 More Information
James Steel - HSBC $1950 $1575 $1760 $375 More Information
Joni Teves - UBS $2100 $1575 $1900 $525 More Information
Anne-Laure Tremblay - BNP Paribas $2000 $1530 $1865 $470 More Information
Bhargava Vaidya - B.N. Vaidya & Associates $1800 $1515 $1670 $285 More Information
Alexander Zumpfe - Heraeus $1895 $1500 $1751 $395 More Information

High

Low

Average

Range

 
YTD actual at $ $ $ $  
Average forecasts $39.75 $26.20 $33.21 $13.55  
William Adams - Fastmarkets $45.00 $26.00 $33.30 $19.00 More Information
Robin Bhar - Societe Generale $36.00 $26.00 $31.00 $10.00 More Information
Daniel Brebner - Deutsche Bank $45.00 $29.00 $37.00 $16.00 More Information
Suki Cooper - Barclays Capital $38.00 $25.50 $32.50 $12.50 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd $37.50 $26.00 $33.25 $11.50 More Information
René Hochreiter - Allan Hochreiter (Pty) Ltd $31.00 $23.00 $27.00 $8.00 More Information
David Jollie - Mitsui & Co Precious Metals Inc $43.00 $23.45 $31.85 $19.55 More Information
Tom Kendall - Credit Suisse Securities (Europe) Ltd $36.30 $27.90 $32.20 $8.40 More Information
Philip Klapwijk - Thomson Reuters GMS $43.40 $29.50 $35.60 $13.90 More Information
Bart Melek - TD Securities $48.00 $26.00 $40.52 $22.00 More Information
Eddie Nagao - Sumitomo Corporation $34.00 $23.50 $28.25 $10.50 More Information
Ross Norman - Sharps Pixley Ltd $35.00 $26.00 $31.16 $9.00 More Information
Frederic Panizzutti - MKS (Switzerland) S.A. $39.00 $27.00 $34.00 $12.00 More Information
Thorsten Proettel - LBBW $36.40 $29.00 $33.20 $7.40 More Information
Jeffrey Rhodes - INTL Commodities $50.25 $25.75 $36.25 $24.50 More Information
Rohit Savant - CPM Group $36.00 $26.00 $30.70 $10.00 More Information
James Steel - HSBC $37.00 $27.00 $32.00 $10.00 More Information
Joni Teves - UBS $47.00 $26.00 $36.80 $21.00 More Information
Anne-Laure Tremblay - BNP Paribas $45.00 $25.00 $39.05 $20.00 More Information
Bhargava Vaidya - B.N. Vaidya & Associates $37.00 $23.50 $30.25 $13.50 More Information
Alexander Zumpfe - Heraeus $35.00 $29.00 $31.50 $6.00 More Information

High

Low

Average

Range

 
Average forecasts - $1845 $1480 $1682 $366  
William Adams - Fastmarkets $1900 $1500 $1715 $400 More Information
Robin Bhar - Societe Generale $1900 $1500 $1688 $400 More Information
Daniel Brebner - Deutsche Bank $1800 $1400 $1670 $400 More Information
Suki Cooper - Barclays Capital $1840 $1390 $1690 $450 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd $1850 $1500 $1675 $350 More Information
René Hochreiter - Allan Hochreiter (Pty) Ltd $1675 $1475 $1575 $200 More Information
David Jollie - Mitsui & Co Precious Metals Inc $1905 $1530 $1700 $375 More Information
Tom Kendall - Credit Suisse Securities (Europe) Ltd $1870 $1495 $1695 $375 More Information
Philip Klapwijk - Thomson Reuters GMS $1890 $1535 $1755 $355 More Information
Bart Melek - TD Securities $1950 $1510 $1844 $440 More Information
Eddie Nagao - Sumitomo Corporation $1800 $1450 $1625 $350 More Information
Ross Norman - Sharps Pixley Ltd $1895 $1545 $1711 $350 More Information
Frederic Panizzutti - MKS (Switzerland) S.A. $1750 $1520 $1640 $230 More Information
Thorsten Proettel - LBBW $1790 $1410 $1670 $380 More Information
Rohit Savant - CPM Group $1750 $1400 $1600 $350 More Information
James Steel - HSBC $1875 $1525 $1710 $350 More Information
Glyn Stevens - INTL Commodities Inc $1744 $1386 $1538 $358 More Information
Joni Teves - UBS $1875 $1500 $1740 $375 More Information
Anne-Laure Tremblay - BNP Paribas $1850 $1475 $1705 $375 More Information
Alexander Zumpfe - Heraeus $2000 $1550 $1690 $450 More Information

High

Low

Average

Range

 
Average forecasts - $851 $607 $744 $243  
William Adams - Fastmarkets $900 $600 $765 $300 More Information
Robin Bhar - Societe Generale $900 $650 $775 $250 More Information
Daniel Brebner - Deutsche Bank $850 $625 $715 $225 More Information
Suki Cooper - Barclays Capital $835 $590 $736 $245 More Information
Peter Fertig - QCR Quantitative Commodity Research Ltd $840 $625 $738 $215 More Information
René Hochreiter - Allan Hochreiter (Pty) Ltd $800 $600 $700 $200 More Information
David Jollie - Mitsui & Co Precious Metals Inc $835 $590 $745 $245 More Information
Tom Kendall - Credit Suisse Securities (Europe) Ltd $815 $620 $725 $195 More Information
Philip Klapwijk - Thomson Reuters GMS $875 $646 $753 $229 More Information
Bart Melek - TD Securities $990 $632 $874 $358 More Information
Eddie Nagao - Sumitomo Corporation $900 $550 $725 $350 More Information
Ross Norman - Sharps Pixley Ltd $820 $675 $787 $145 More Information
Frederic Panizzutti - MKS (Switzerland) S.A. $810 $630 $740 $180 More Information
Thorsten Proettel - LBBW $820 $620 $745 $200 More Information
Rohit Savant - CPM Group $850 $560 $682 $290 More Information
James Steel - HSBC $800 $650 $750 $150 More Information
Glyn Stevens - INTL Commodities Inc $782 $576 $666 $206 More Information
Joni Teves - UBS $850 $560 $780 $290 More Information
Anne-Laure Tremblay - BNP Paribas $940 $600 $780 $340 More Information
Alexander Zumpfe - Heraeus $800 $550 $700 $250 More Information